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Author Question: If a monopolist has zero marginal costs, it will produce a. in the range in which marginal revenue ... (Read 9 times)

swpotter12

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on: Jun 30, 2018
If a monopolist has zero marginal costs, it will produce
 a. in the range in which marginal revenue is increasing.
  b. the output at which total revenue is maximized.
 c. at the point at which marginal revenue is zero.
 d. Both (b) and (c).

Question 2

The abbreviation GATT stands for:
 a. General Analysis of Taxes and Transfers.
  b. General Agreement on Tariffs and Trade.
  c. Government Agency for Trade and Transportation.
  d. Government Agency for Treaties and Taxes.
  e. General Agreement on Terms of Trade.


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Jossy

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


swpotter12

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

ashely1112

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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